Oppenheimer Asset Management Inc. Has $2.81 Million Holdings in Workday, Inc. $WDAY

Key Points

• Oppenheimer Asset Management cut its stake in Workday by 63.9% in Q4, selling 23,214 shares and ending the quarter with 13,100 shares valued at $2.814 million.
• Large institutions remain major holders — Vanguard increased its position to 25,009,288 shares (about $5.37 billion) and overall institutional ownership is 89.81%.
• Insiders sold roughly 989,814 shares (~$131.6 million) in the last quarter, and Workday will report fiscal Q1 2027 results on May 21, a near-term catalyst for volatility.

Oppenheimer Asset Management Inc. cut its stake in shares of Workday, Inc. (NASDAQ:WDAY - Free Report) by 63.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,100 shares of the software maker's stock after selling 23,214 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Workday were worth $2,814,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Workday by 14.7% in the fourth quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker's stock valued at $5,371,495,000 after buying an additional 3,210,232 shares in the last quarter. State Street Corp raised its position in shares of Workday by 0.8% in the third quarter. State Street Corp now owns 9,674,568 shares of the software maker's stock valued at $2,328,959,000 after buying an additional 74,052 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in shares of Workday by 47.5% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker's stock valued at $1,406,463,000 after buying an additional 1,882,391 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Workday by 41.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,761,599 shares of the software maker's stock valued at $905,530,000 after buying an additional 1,103,421 shares in the last quarter. Finally, Parnassus Investments LLC raised its position in shares of Workday by 13.1% in the third quarter. Parnassus Investments LLC now owns 3,217,205 shares of the software maker's stock valued at $774,478,000 after buying an additional 371,561 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Workday News Summary

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Jade Global signed as a Workday deployment partner, expanding Workday’s services channel and industry coverage (manufacturing, high-tech, healthcare, retail). This can help accelerate implementations and bookings growth. Jade Global Named Workday Partner
• Positive Sentiment: Workday is featured in recent lists of high-growth tech stocks and growth stocks with notable insider ownership, which can attract investor inflows and sentiment momentum. High Growth Tech Stocks in the US Market to Watch
• Neutral Sentiment: Workday will report fiscal 2027 Q1 results after the close on May 21 and host a conference call; the scheduled report is a near-term catalyst that can increase volatility and reprice expectations. Workday to Announce Fiscal 2027 First Quarter Financial Results on May 21, 2026
• Neutral Sentiment: Media coverage shows elevated investor searches and attention on WDAY (Zacks summary), which can increase short-term trading volume but is not a fundamental read on business performance. Investors Heavily Search Workday, Inc. (WDAY): Here is What You Need to Know
• Neutral Sentiment: Former Workday CEO Carl Eschenbach rejoined the board of Cresta (an AI customer-experience company); this highlights management alumni activity and industry ties but has limited direct impact on Workday’s near-term financials. Cresta Names Sequoia's Doug Leone as Board Chair, Carl Eschenbach Rejoins Board as Growth Accelerates

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Robert W. Baird set a $195.00 price target on shares of Workday in a research report on Tuesday, February 24th. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 price target on shares of Workday in a research report on Wednesday, February 25th. Loop Capital set a $210.00 price target on shares of Workday in a research report on Thursday, March 12th. Jefferies Financial Group cut shares of Workday from a "buy" rating to a "hold" rating and decreased their price objective for the company from $325.00 to $150.00 in a research note on Monday, February 23rd. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $200.00 price objective on shares of Workday in a research note on Monday, February 23rd. Nineteen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $199.71.

Insider Activity

In other Workday news, insider Gerrit S. Kazmaier sold 9,356 shares of the business's stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $128.39, for a total transaction of $1,201,216.84. Following the sale, the insider owned 165,074 shares of the company's stock, valued at approximately $21,193,850.86. The trade was a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Enslin sold 5,373 shares of the business's stock in a transaction on Monday, April 6th. The stock was sold at an average price of $129.41, for a total transaction of $695,319.93. Following the sale, the insider directly owned 165,414 shares in the company, valued at approximately $21,406,225.74. The trade was a 3.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 989,814 shares of company stock valued at $131,576,291. 20.00% of the stock is currently owned by insiders.

Workday Stock Performance

Shares of NASDAQ:WDAY opened at $126.96 on Monday. The company's 50 day simple moving average is $130.01 and its 200 day simple moving average is $179.95. The stock has a market capitalization of $32.63 billion, a price-to-earnings ratio of 49.21, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. Workday, Inc. has a 1 year low of $110.36 and a 1 year high of $276.00.

Workday (NASDAQ:WDAY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.32 by $0.15. The business had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. The firm's quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm posted $1.92 earnings per share. As a group, research analysts predict that Workday, Inc. will post 5.11 EPS for the current fiscal year.

Workday Company Profile

Workday, Inc NASDAQ: WDAY is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday's platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company's product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.

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